Sea Harvest Increases Equity Stake in Viking Aquaculture

The Sea Harvest Group has, through its wholly-owned subsidiary, Sea Harvest Aquaculture, agreed to acquire a further 28% of the shares and loan claims against Viking Aquaculture. This forms part of the Group’s strategy to grow its sustainable fishing and high-value aquaculture sectors.

Sea Harvest currently owns 54% of the shares in Viking Aquaculture. The agreed transaction is priced at about R210 million.